Strake Foundation
The Strake Foundation is a private foundation based in Houston, Texas, operating as a 501(c)(3) nonprofit organization. The foundation was incorporated in 1983 as the successor to Strake Charities Trust, which was established in 1952. The foundation provides grants to churches, schools, and other nonprofit causes, with a focus on secondary and higher education, cultural services, and social programs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$47.3M
+5.6% YoY
Annual Giving
$3.4M
+18.1% YoY
Grant Count
203
-1.0% YoY
Avg Grant Size
$17K
+19.3% YoY
Mission & Focus Areas
The foundation's giving priorities include:
- Secondary and higher educational institutions
- Cultural services
- Social services, including programs for youth
- Education
- Philanthropy, voluntarism, and grantmaking
- Human services
Grantmaking
Grant Range
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Texas
- District of Columbia
- Colorado
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $47,325,772
- Total revenue: $6,380,576
- Total expenses: $4,075,947
- Net income: $2,304,629
- Total liabilities: $23,300
As of 2023:
- Total assets: $44,824,735
- Total revenues: $3,438,474
- Total expenses: $3,484,714
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $47,325,772 | $44,824,735 | $44,872,660 |
| Revenue | $6,380,576 | $3,438,474 | $18,528,735 |
| Expenses | $4,075,947 | $3,484,714 | $3,179,825 |
| Qualifying Distributions | $3,770,612 | $3,181,242 | $2,841,754 |
| Net Investment Income | $6,075,241 | $3,135,002 | $18,190,664 |
| Distributable Amount | $3,317,475 | $3,134,275 | $2,840,162 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
George W. Strake, Jr., son of the founder, serves as president of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RANDALL K WOODRUFF | EXEC DIR | 32 | $182,292 |
| DIANA D HOOVER | VICE PRESIDENT | 2 | $4,500 |
| ROBERT S PARSLEY | SECRETARY | 2 | $4,500 |
| MELANIE S MEEKS | DIRECTOR | 2 | $4,500 |
| LINDA JOHNSON | DIRECTOR | 2 | $4,500 |
| JOHN S PARSLEY | DIRECTOR | 2 | $3,000 |
| GEORGE W STRAKE III | PRESIDENT/TREASURER | 5 | $4,500 |
| STEPHEN D STRAKE | DIRECTOR | 2 | $4,500 |
| KATHY COVEY | DIRECTOR | 2 | $4,500 |
| SHARON MCNEARNEY | DIRECTOR | 2 | $3,000 |
Contact Information
Address: 5847 San Felipe Street, Suite 4160 Houston, TX 77057
Phone: 713-400-1179
Tax Status: Tax-exempt since February 1983 EIN: 76-0041524
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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